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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 18, § 18-2019: Managers as agents

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Where this section sits in the code
  1. OK Code
  2. Title 18

MANAGERS AS AGENTS

A. Every manager is an agent of the limited liability company

for the purpose of its business, and the act of every manager,

including the execution in the limited liability company name of any

instrument for apparently carrying on the business of the limited

liability company of which he is a manager, binds the limited

liability company, unless the manager so acting lacks the authority

to act for the limited liability company in the particular matter,

and the person with whom he is dealing has knowledge of the fact

that he has no such authority. The unauthorized acts of the manager

shall bind the limited liability company as to persons acting in

good faith who have no knowledge of the fact that the manager had no

such authority.

B. Subject to the provisions of subsection A of this section

and Section 2019.1 of this title, instruments and documents

providing for the acquisition, mortgage, or disposition of real or

personal property of the limited liability company shall be valid

and binding upon the limited liability company if executed by one or

more of its managers.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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